Trading since Wednesday, December 18, proved an uncomfortable reminder of the persistent volatility – perhaps even fragility – of even the strongest cryptocurrency bull runs.
Despite the significant downturn that is, by press time on December 23, proving difficult to shake off, few investors and analysts believe that digital assets have topped this cycle and, indeed, most now look to the coming weeks and months for a renewed rally.
Technical analysis (TA), as applied to Stellar (XLM) by the popular on-chain expert Ali Martinez, appears to back the mid and long-term optimism, and the token might, in fact, be poised for an imminent upswing.
XLM chart showing the TD Sequential buy signal. Source: Ali Martinez
Why XLM is poised for a rally
Specifically, in a December 22 X post, Martinez explained that a technical analysis tool called TD Sequential is sending a buy signal for XLM, offering a chance for a rebound toward – and possibly beyond – the recent highs near $0.55
We współpracy z: https://finbold.com/stellar-xlm-set-for-an-imminent-rally/
